About This Strategy
This scanner uses the Williams VIX Fix to detect panic-style oversold conditions, then ranks candidates by proximity to nearby demand zones derived from recent swing lows.
Strategy Summary
It highlights stocks where the VIX Fix spikes (a common sign of panic selling) and price is close to demand support, which can signal potential reversals.
Qualification Criteria
- VIX Fix spike (WVF above upper band or range high)
- Demand zone exists below current price
- Nearest demand zone distance is small (closer = stronger setup)
Results are sorted by distance to demand zone so the closest support levels appear first.
Who This Strategy Is For
- Reversal traders looking for panic-to-bounce setups
- Swing traders who prefer support-based entries
- Traders who want objective oversold signals
- Anyone needing a short, ranked watchlist
Video Explanation
Video Player
YouTube video will be embedded here
How It Works
Calculate Williams VIX Fix using Close/Low
Identify oversold spikes (WVF above band/range)
Find nearest demand/supply from swing lows/highs
Rank by distance to demand zone
Display candidates with support context
Advantages
- Focuses on oversold panic conditions
- Adds objective support context
- Clear ranking by proximity to demand
- Works well for mean-reversion setups
Disadvantages
- Oversold can stay oversold in strong downtrends
- Demand zones can break
- Needs confirmation from price/volume
- Not ideal for trend-following trades
Current Scan Results
💡 Note: Live scan results from backend API. Always conduct your own research before trading.